G20 finance talks end in North Carolina amid dispute over Russia's presence
G20 finance leaders have ended a two-day meeting in Asheville, North Carolina, with most members backing the chair's statement despite disagreement over Russia's attendance. The United States said the presence of Russian Finance Minister Anton Siluanov did not affect the talks, while European allies voiced frustration at the optics of welcoming him at a US-hosted gathering. The meeting also took place against the backdrop of the war in the Middle East and US President Donald Trump's tariffs.US Treasury Secretary Scott Bessent said the fact that nearly all participants agreed to the chair's statement showed there had been no impact from... [Continue Reading]
360LiveNews | 02 Sep 2026 05:35 LONDON
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US plans new sanctions on another bank over Iran ties amid stalled truce talks
The United States plans to impose sanctions on another bank this week as part of a stepped-up campaign to economically isolate Iran, according to the US Treasury secretary. The move comes amid deadlocked truce talks and follows recent action against the United Arab Emirates operations of Basque Misr, which Washington accused of doing business with the Iranian government. Treasury Secretary Scott Bessent said the administration is widening pressure on financial institutions it believes are helping Tehran.Bessent declined to name the bank that is expected to be targeted, but said the next step could be to cut an institution off entirely... [Continue Reading]
360LiveNews | 31 Aug 2026 04:00 LONDON
